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Disclaimer This presentation may contain references and statements representing future expectations, plans of growth and future strategies of BI&P. These references and statements are based on the Bank’s assumptions and analysis and reflect the management’s beliefs, according to their experience, to the economic environment, and to predictable market conditions. As there may be various factors out of the Bank’s control, there may be significant differences between the real results and the expectations and declarations herewith eventually anticipated. Those risks and uncertainties include, but are not limited to, our ability to perceive the dimension of the Brazilian and global economic aspect, banking development, financial market conditions, and competitive, government and technological aspects that may influence both the operations of BI&P as the market and its products. Therefore, we recommend the reading of the documents and financial statements available at the CVM website (www.cvm.gov.br) and at our Investor Relations page in the internet (www.bip.b.br/ir) and the making of your own appraisal. 2

2013- We have reached the end of the bank's reconstruction cycle In 4Q13 we concluded the second phase of the strategic restructuring program we launched in April 2011 Joint Ventures to generate assets JVs have already generated assets worth more than R$400 million for the Bank Acquisition of IB Team Additional ALL Additional allowance for loan losses amounting to R$111 million, for loans granted prior to April 2011 to prevent contamination of the Bank’s future results Capital Increase Capital increase of R$90 million, subscribed by Warburg Pincus, controlling shareholders and the market Acquisition of Banco Intercap Acquisition of Banco Intercap, with Mr. Afonso Antonio Hennel (Grupo Semp Toshiba) and Mr. Roberto de Resende Barbosa (NovAmerica/Cosan) joining the board of directors and the controlling group Launch of Guide Investimentos 3 Acquisition of Voga (investment bank boutique), fully integrated in May 2013, with the distribution team strengthened | 51 ongoing mandates during the 4Q13 Restructuring of the brokerage house Indusval Corretora, expanding the distribution base with an open business design, to institutional and high income individuals.

Highlights   Loans rated between AA and B totaled 87.1% of the expanded credit portfolio (81.4% in December 2012). 99% of the loans granted in the quarter were rated between AA and B.  Emerging Companies and Corporate segments accounted for 47.0% and 52.2%, respectively, of the expanded credit portfolio.  Managerial Expense with Allowance for Loan Losses (ALL) (annualized) in 4Q13 was 0.95% of the expanded credit portfolio (0.75% in 3Q13), in line with the conservative lending policy adopted by the Bank and lower than Management’s expectations.  Funding totaled R$3.9 billion and Free Cash totaled R$758.0 million at the end of 4Q13, keeping step with credit portfolio growth.  Income from Services Rendered and Tariffs totaled R$9.9 million in the quarter, slightly lower than in the previous quarter but 42.8% higher than in 4Q12.  Result in the quarter was a loss of R$10.0 million, mainly due to the following: (i) the more conservative approach to lending, (ii) the negative impact, with no cash effect, of the discontinuance of the designation of hedge accounting of operations to protect cash flows, which continue to be protected by hedge operations, and (iii) the ALL expense of Banco Intercap in 4Q13, that reached the limit of R$6.0 million established by the shareholders of both banks for the first year after the merger, concentrating this expense in a single quarter and generating an accounting loss of R$2.3 million for Intercap in 4Q13, further consolidated to the financial statements of Banco BI&P.  4 Expanded Credit Portfolio of R$3.9 billion, with organic and inorganic growth of 15.3% in the quarter and 26.1% in relation to December 2012. Organic portfolio growth, was 9.0% in the quarter and 19.2% in the year. In November 2013, we announced the launch of the project to transform our brokerage arm, Guide Investimentos, which, besides continuing to serve our institutional customers, will now also provide asset management services for high income individuals through an innovative investment platform. With the announcement, in February 2014, of the strategic alliance with Omar Camargo Corretora de Valores, the biggest and oldest company in the sector in the state of Paraná, apart from expanding its customer base, Guide is also embarking on geographical and operational expansion across all states in Southern Brazil. The creation of Guide is strategically important for the Bank, both in terms of distribution of the products developed by our investment banking team and in the diversification of the Bank’s funding sources.

Operating Performance and Profitability Return on Average Equity (ROAE) % Net Profit R$ million 14.2 3.6 4Q12 2.0 1Q13 2Q13 -20.6 3Q13 4Q13 2012 2013 2.5 n.r. -10.0 4Q12 -91.4 n.r. 1Q13 2Q13 1.4 3Q13 2.4 n.r. 4Q13 n.r. 2012 2013 -120.0 The quarter result was impacted by: • The more conservative approach to lending • The negative impact, with no cash effect, of the discontinuance of the designation of hedge accounting of operations to protect cash flows, which continue to be protected by hedge operations • ALL expense of Banco Intercap in 4Q13 reached the limit of R$6.0 million established by the shareholders of both banks for the first year after the merger, concentrating this expense in a single quarter 14 n.r.= not representative

JBS DAY New York 4Q13 and 2013 Results Presentation March ...

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